Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates

Congratulations to our attorneys for their work on two matters ranked by the Financial Times among the “most innovative work and legal services that lawyers have developed for their clients in North America”: - Pattern Energy’s $11 billion financing of renewable energy projects, led by Paul Kraske, Aryan Moniri and Sean Shimamoto, was named one of the top three Energy Transition deals. - Activision Blizzard’s $75 billion sale to Microsoft, led by Kenton King and Sonia Nijjar, was named one of the top Technology Sector transactions. We are grateful to our clients for consistently trusting us with their most complex and demanding matters. #recognition #energy #technology #innovation #deals

Since 2022, the shortage of GLP-1 drugs has allowed increased compounding, bypassing usual restrictions. Avia Dunn, Maya Florence and Rachel Turow explore what compounding is, why compounders are allowed to make GLP-1s and what may happen when approved GLP-1s are no longer in shortage. #fda #lifesciences #regulatory #healthcare

The California Air Resources Board is seeking comments on the details and implementation of the state’s new climate data disclosure laws, covering issues such as which companies must report and the nature and timing of the disclosures. Raquel Fox | Caroline Kim | Elizabeth Malone | Sydney E. Smith #capitalmarkets #climatechange #energy #esg #financialinstitutions

We’re excited to share Skadden’s five most popular Cybersecurity & Data Privacy Updates of 2024. As we move into the new year, we’re committed to keeping you informed with the latest insights into cybersecurity and data privacy developments around the globe. https://lnkd.in/eMv4x2Vb William Ridgway | David Simon | Steve Kwok | Nicola Kerr-Shaw | Joshua Silverstein | Susanne Werry #cybersecurity #dataprivacy #insights #europe #artificialintelligence

Congrats to David Eisman and Glen Mastroberte for being named among Variety’s 2024 Dealmakers! The publication spotlighted the duo’s impressive work representing UTA in its acquisition of ROOF; indie music labels, such as Drake’s OVO Sound and DJ Khaled’s We the Best Music, in buy-sell transactions; and Parkwood Ventures in Beyoncé’s joint venture with Moët Hennessy and launch of her SirDavis whisky brand. #dealmakers #entertainment #mergersandacquisitions #law #recognition

For the second year in a row, Jack DiCanio has been recognized among attorneys “whom corporations and executives trust to manage their most sensitive litigation and internal investigations,” according to the Daily Journal. Well done, Jack! #recognition #litigation #investigations #whitecollar #attorneys

We are pleased to be advising Blackstone on the launch of Syndicate 2478, a new reinsurance syndicate at Lloyd’s. Syndicate 2478 will commence underwriting on January 1, 2025, and will be a multi-year participant in AIG’s outwards reinsurance program. Syndicate 2478 will be supported by third-party capital from funds advised by Blackstone through Lloyd’s London Bridge 2 PCC structure. Blackstone will act as investment manager for syndicate assets. The Skadden team is led by Robert Chaplin, Feargal Ryan and Usman Sawar.

As 2024 draws to a close, Robert Chaplin invites colleagues to review a year of change throughout the insurance industry. In keeping with the spirit of a traditional holiday countdown, the team presents 12 topics that spanned the year. Twelve Insurance Regulatory Developments Skadden’s 2024 review 1. Restatement of Assimilated Law (Annabel Smethurst) 2. The BMA's Approach to Private Equity-Owned (Re)insurers (Abraham Alheyali) 3. NAIC Approach to Asset-Intensive (Funded) Reinsurance (Elena Coyle) 4. PRA Supervisory Statement 5/24 on Funded Reinsurance (Feargal Ryan) 5. IAIS Consultation Paper on the Supervision of AI (Caroline Jaffer (Caroline J.)) 6. PRA Reforms to the Matching Adjustment (Theodoulos Charalambous) 7. UK, EU and US Group Solvency Recognition (Liana-Marie Lien) 8. UK Reforms to Third-Country Operating Branches (Usman Sawar) 9. EIOPA Consultation on Technical Standards (James Pickstock) 10. Recent BMA Papers on Collateral Structures / Liquidity Risk / Private Credit (Chiara Iorizzo) 11. Lloyds Regulatory Update on Proposed Conduct Rules (Benjamin Lyon) 12. PRIIPS and the New Consumer Composite Investments Regime (Justin Lau and Mary Bonsu (Mary B.)) Listen to the full episode here: https://lnkd.in/esWr2StN Subscribe to The Standard Formula on Apple Podcasts, Spotify or anywhere else you listen to podcasts. #insurance #reinsurance #uk #ai #artificialintelligence

Senior antitrust officials in the new administration are likely to continue a fairly aggressive approach to enforcement, particularly toward technology companies, even as they reverse or revisit some Biden policies. Julia York | Joseph Rancour | Michael Sheerin | Rianna Jha #antitrust #enforcement #technology #competitionlaw #privateequity

Wishing you a season of peace and joy. Happy holidays from Skadden! #happyholidays